Air France & KLM merger

Air France & KLM merger

Airline profit despite Q4 loss

AIR France-KLM, the giant Franco-Dutch airline group, plunged into a loss in its fourth quarter, but still managed to salvage a full-year profit from cost savings carved out of the merger between the two carriers.

Carrier flying high despite cost of oil

AIRLINE giant Air France KLM has enjoyed better-than-expected business in the past three months.

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Air France-KLM off to a flier as earnings more than double

AIRLINE giant Air France-KLM today said it had more than doubled its first-quarter profits as its posted its first set of combined results since merging.

EasyJet appeals against merger clearance

BUDGET airline easyJet has launched a legal challenge to the merger between Air France and KLM on the grounds it would substantially reduce consumer choice.

EasyJet challenges Air France-KLM link

EASYJET is challenging the merger between rivals Air France and KLM Royal Dutch after asking the Court of First Instance in Luxembourg to annul the European Commission’s clearance of the deal.

New airline combine sees traffic surge

AIR France-KLM passenger traffic surged nearly 20 per cent last month, boosted by a strong performance in long-haul routes, the airline said as it reported its first figures as a merged group.

KLM ditches 'excessive' bonuses for chiefs after uproar

KLM, the Dutch airline poised to merge with Air France, has dropped plans to pay its top executives bonuses based on post-merger savings.

Air France makes opening move for KLM

AIR France has opened its offer to buy Dutch airline KLM, in a bid to form the world’s biggest airline.

Berlusconi pushes for Alitalia merger

ITALIAN prime minister Silvio Berlusconi has said Alitalia, Air France and KLM should be merged into a new holding company that would allow them to keep their national identities.

KLM and Air France agree deal for merger

EUROPEAN carriers Air France and KLM said today that they had agreed the French airline would acquire its smaller Dutch rival, creating the world’s third-largest airline group.

European air giants seal deal

AIR France and KLM today shook hands on a deal to form what they claimed would be Europe’s leading airline.

Air France set to swoop on KLM

ONE of the biggest ever shake-ups in European aviation is expected to be confirmed today, when Air France announces plans to buy a major rival, KLM.

Air France and KLM on brink of finalising deal

A GIANT merger between Air France and Dutch rival KLM could be sewn up by tomorrow morning after union officials revealed the board of the French carrier will be locked in final discussions tonight.

Berlusconi backs idea of three-way airline merger

ITALIAN Prime Minister Silvio Berlusconi said that Italy and France wanted to see a merger of Alitalia, Air France and KLM, creating Europe’s biggest airline.

EC and US start open skies talks

THE European Commission and US authorities will negotiate new international flying rights on October 1, just as KLM and Air France’s desire for a merger to create Europe’s largest airline looks likely to be thwarted by the present aviation restrictions.

KLM and BA talks finish

DUTCH airline KLM has confirmed it is no longer in talks over a possible alliance with British Airways because discussions over a similar tie-up with Air France’s SkyTeam have intensified.

KLM lands lower than expected first-quarter loss

KLM, Europe’s number four airline, has posted a smaller-than-expected first quarter loss despite a stinging blow from the flu-like Sars outbreak.

KLM forced to put 4500 jobs axe on ice

KLM, Europe’s fourth-biggest airline, has been forced to delay plans to axe 4500 jobs by at least a month because its workers’ council opposes it, the carrier has confirmed.

KLM hints at 1,500 fresh job cuts

KLM, the Dutch flag carrier, is considering adding a further 1,500 job cuts to the 3,000 already announced, eyeing further ways to trim costs as the industry weathers its worst downturn in decades.

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